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RenaissanceRe Holdings RNR Other — Benefits, Claims, Losses and Settlement Expenses

Discontinued — last reported Q4 '21

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HIGEmployee Benefits — Benefits, Losses and Loss Adjustment Expenses
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MKLOther — Net losses and loss adjustment expenses
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Other financials

Income statement

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Revenue$2.2B-36.8%
Net income$293.4M+72.6%
EPS (diluted)$6.57+101%

Balance sheet

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Cash & equivalents$1.6B-4.3%
Total debt$2.3B-15.4%
Total equity$11.5B+11.3%
Total assets$53.7B+0.2%

Cash flow

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Operating cash flow$687.6M+336%

Valuation

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Market cap$12.75B+9.1%
Enterprise value$13.52B+5.5%
P/E4.6×-1.8×
P/S1.1×+0.2×

Profitability

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Net margin24.2%+9.5pp

Returns & leverage

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Return on equity25.7%+7.2pp
Debt / equity0.2×-0.1×

Where this comes from

Reported directly by RenaissanceRe Holdings in its filing.

Tagged under the XBRL concept us-gaap:SupplementaryInsuranceInformationBenefitsClaimsLossesAndSettlementExpense.

The official record: RenaissanceRe Holdings’s 10-K, filed February 4, 2022, on SEC EDGAR. View the filing →

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Questions, answered.

What is RenaissanceRe Holdings's other — benefits, claims, losses and settlement expenses?
RenaissanceRe Holdings (RNR) reported other — benefits, claims, losses and settlement expenses of $0 in Q4 2021.
What does other — benefits, claims, losses and settlement expenses mean?
The total cost of paying out claims and managing the claims process.
How do you interpret other — benefits, claims, losses and settlement expenses?
Lower expenses relative to premiums indicate better underwriting profitability, while higher expenses suggest increased loss activity or inadequate pricing.
How does other — benefits, claims, losses and settlement expenses compare across companies?
Standard industry metric for Losses and Loss Adjustment Expenses (LAE).